Classification society American Bureau of Shipping (ABS) has issued approval in principle (AIP) to the affiliates of South Korean conglomerate HD Hyundai – HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) – for a concept of a floating small modular reactor (SMR) unit.
As disclosed, the design is intended to generate electricity offshore and near shore, supporting port facilities and onshore communities.
